Categories
CoatTailing

Portfolio of Vijay Kedia

This post is in continuation of my coat tailing series (see here)

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Vijay Kedia is a well known investor in the Indian markets

His significant holdings in India as on 31 March,2015 as per Stock Exchanges is given below:

Company Name Symbol Entity Name Date End # of Shares % Value (In Crores)
ABC Bearings Ltd 505665 Vijay Kishanlal Kedia 201503 199710 1.73 2.59
Amrutanjan Health Care Ltd 590006 Vijay Kishanlal Kedia 201503 156853 1.07 7.24
Amrutanjan Health Care Ltd 590006 KEDIA SECURITIES PRIVATE LIMITED 201503 288478 1.97 13.32
Apcotex Industries Limited APCOTEXIND Vijay Kishanlal Kedia 201503 115907 1.12 5.18
Aries Agro Limited ARIES Vijay Kishanlal Kedia 201503 491248 3.78 5.44
Atul Auto Limited ATULAUTO KEDIA SECURITIES PRIVATE LIMITED 201503 253451 1.16 12.96
Cera Sanitaryware Limited CERA VIJAY KEDIA 201503 253000 1.95 53.47
Liberty Shoes Limited LIBERTSHOE KEDIA SECURITIES PRIVATE LIMITED 201503 175000 1.03 4.19
Lykis Limited 530689 Vijay Kishanlal Kedia 210503 3234383 17.57 25.22
Lykis Limited 530689 KEDIA SECURITIES PRIVATE LIMITED 210503 1333335 7.24 10.4
Maxwell Industries Limited MAXWELL Vijay Kishanlal Kedia 201503 850000 1.35 5.58
Repro India Limited 532687 Vijay Kishanlal Kedia 201503 557209 5.11 21.45
Salzer Electronics 517059 Vijay Kishanlal Kedia 201503 200000 1.94 4.76
STEWARTS LLOYDS OF INDIA LTD 504960 Vijay Kishanlal Kedia 201503 142014 4.73 0.38
Sudarshan Chemical Industries Limited SUDARSCHEM VIJAY KISHANLAL KEDIA 201503 1274340 1.84 13.02
TCPL Packaging Ltd 523301 Vijay Kishanlal Kedia 210503 119961 1.37 5.54
Categories
Excerpts

Atleast 6 months before BSE can list

(Disclosure:I am market making in the shares of BSE)

A merger between the Securities and Exchange Board of India (Sebi) and the Forward Markets Commission (FMC) could delay initial public offerings (IPOs) by India’s stock exchanges. The merger is likely to alter the definition of the term ‘securities’ and this will have to be addressed before Sebi allows stock exchanges, including the BSE, to list.

Sebi Chairman U K Sinha on Tuesday said the integration had led to issues that had to be resolved before exchanges were allowed to list. “One (issue) is how will the exchange space shape up with the commodity market coming to Sebi. Those (commodity) exchanges will technically become securities market exchanges. So, there are issues around that,” Sinha said on the sidelines of an event organised by the Indian Merchants’ Chamber.

“Since commodity futures will be defined as securities, these (commodity exchanges) could technically demand and be eligible for trading in (equity) futures,” he added.

Sinha said Sebi was working towards resolving these issues and it would take another six months to enable exchanges to list.

He said the regulatory functions of exchanges had to be separated, before these entities were allowed to go public. “Today, exchanges in India are performing regulatory functions. These include regulation of brokers and listed entities… We are trying to evaluate whether we are comfortable with the current arrangement,” he said.

The BSE has, in the past, made public its plans to list. It had also appointed investment bankers to manage its IPO.-from BS

Categories
Cartoon

Same thing

Categories
Links

Linkfest:April 29,2015

Some stuff I am reading today morning:

How ‘safe’ investments can destroy your portfolio (Bloomberg)

Diageo’s long and heavy United Spirits hangover (Mint)

PM steps in to sweeten sugar mill’s bitter pill (FE)

Are markets heading for a long term bear phase? (BS)

The biggest risk of investing in real estate (FirstPost)

UFO Moviez IPO Review (OneMint)

ICICI Research Report:Bharti Infratel (MyIris)

What does it take to catch a 100% move in a stock? (Ivanhoff)

Buying & Selling-Quirks in Investor Behavior (Bala)

Nepal after the earthquake in photos (Atlantic)

Categories
Anecdotes Humor

Price & Value

An amusing anecdote from circa 1928:

On this occasion,the Texan had just sold a customer twenty shares of Guarantee Trust Company stock at $760 a share at a moment when it could have been purchased anywhere else at $730.

The customer,the big sore-head,had just found this out,and had called back with a view towards remonstrance.

The Texan cut him short.”Suh”, he boomed, “you-all don’t appreciate what the policy of this firm is.This-heah firm selects investments foh its clients not on a basis of Price, but of Value !” – from Where are the Customers’ Yachts?